Title of article :
Taylor rules, omitted variables, and interest rate smoothing in the U
Author/Authors :
Efrem Castelnuovo، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2003
Pages :
5
From page :
55
To page :
59
Abstract :
We test for the presence of interest rate smoothing in forward looking Taylor rules in first differences. We also consider financial and asymmetric preferences indicators. We find that interest rate smoothing is not induced by an omitted variable bias.
Keywords :
Observational equivalence , Omitted variables , Taylor rules , Interest rate smoothing , Serial correlation
Journal title :
Economics Letters
Serial Year :
2003
Journal title :
Economics Letters
Record number :
435266
Link To Document :
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